Gevo to license its biobased isobutanol technology to Argentine firm

1:27 PM MST | March 7, 2014 | Francinia Protti-Alvarez

Gevo (Douglas County, CO) and Porta Hermanos (Córdoba, Argentina) have signed a letter of intent for Porta Hermanos to become the exclusive licensee in Argentina of Gevo's GIFT renewable isobutanol production technology, Gevo says. "Commercial licensing of our GIFT technology in the US and abroad is the next step in Gevo's business model [...]. Commercial licenses demonstrate the value of Gevo's technology to the marketplace and enable a low-capital route to building out renewable isobutanol capacity globally," says Patrick Gruber, CEO of Gevo...